hospitality

SINGAPORE (Mar 12): OCBC Investment Research is maintaining “neutral” on the Singapore REIT (S-REIT) sector with a preference for retail and hospitality REITs over their office counterparts for their comparatively conservative asset valuations.

SINGAPORE (Feb 7): OCBC Investment Research is maintaining “overweight” on Singapore’s hospitality space as the sector’s REITs – namely CDL Hospitality Trusts (CDL HT), Ascott Residence Trust (ART) and Far East Hospitality Trust (FEHT) – rally

SINGAPORE (Jan 16): OCBC Investment Research is maintaining “overweight” on Singapore’s hospitality sector as it sees value in some of the hospitality REITs under its coverage at their current unit prices.

SINGAPORE (Nov 29): SC Global Developments has launched a luxury hotel apartment residence in Niseko, Japan, beginning with private previews conducted in Singapore this week, with previews in Niseko officially starting in early Dec.

SINGAPORE (Nov 14): RHB Research is maintaining its “buy” call on Amara Holdings with an 88-cent target price after the hotel and property group’s 3Q18 results came in line with the research house’s expectations with a net profit of $2.5 million.

SINGAPORE (Nov 5): Naumi Hotels has acquired two hotels in Wellington, New Zealand – namely Comfort Hotel Wellington at Cuba Street and Quality Hotel Wellington along Dunlop Street – as part of the Singapore-based private hotel owner’s expansion pla

SINGAPORE (Aug 7): Travel services booking platform Klook has closed US$200 million ($273.1 million) in Series D funding, bringing the company’s total financing to date to US$300 million.

SINGAPORE (Aug 7): Hatten Land intends to jointly build a RM200 million ($67 million) water themepark in Melaka, Malaysia, in collaboration with resort operator Samsung C&T Corp and Polin Waterparks, the designer and installer of water slides.

SINGAPORE (July 31): OCBC Investment Research is maintaining “neutral” on Singapore REITs (S-REITs) with a weaker outlook for the hospitality sub-sector, which has prompted a pushback in expectations for a pick-up in Singapore hotel RevPAR this year t